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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (663)12/30/1997 8:27:00 PM
From: DIAMOND JIM  Read Replies (2) | Respond to of 2394
 
Hi MM..Hope the holidays are happy...This $90.00/sh by year end is a little silly. This ORBCOMM business must develop and show some revenue with a positive contribution to the bottom line. I still have to look downstream when revenues will begin to contribute and that will not happen until 1999 if the system is fully operational (ie global continuous coverage) and finds acceptance in the market. Some momentum will carry into mid-30 range but earnings must still set the valuation. All in all an excellent achievement by OSC to deploy 8 birds - this is a first in the business. Hope for a few more..